The Shepherds’ Trust 2012 Financial Results
|Bequests and Donations||247,250||189,233|
The 2012 investment income includes dividends, interest and realized gains of $1.96 million and unrealized investment gain of $1.57 million from increase in fair value of investments as at December 31, 2012.
2012 expenditures totalled $2.7 million (2011 - $2.7 million) consisting of monthly allowances to beneficiaries, health care premiums and costs of extended health care for priests.
|Pooled Funds - Bonds||$15,427,954||$14,109,932|
|Pooled Funds - Equities||22,679,171||19,919,965|
From our 2012 Actuarial Valuation, the Net funding requirement based on the above fair market value of our investments is $9.8 million.
A copy of the audited financial statements is available for review at the office of the Archdiocese of Toronto - Accounting & Finance Department, 1155 Yonge Street, Toronto.